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November 30th, 2007
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Citibank Appoints J F Ribeiro As External Ombudsman
Continuing its commitment to provide best in class service and grievance resolution system to its customers and in line with regulatory and BCSBI directions, Citibank today announced the appointment of eminent citizen and Padma Bhushan awardee Mr. Julio
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Pekao SA and Bank BPH merger to be completed over weekend
Local bank watchers are yawning loudly ahead of Poland’s largest-ever banking-sector merger, with advice to remain calm and a request to wake them when it is over. The formal merger of Pekao S.A. and hived-off elements of BPH is to be final by end-month
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Delivering cash safely to bank can land you a parking fine!
A security van was given a ticket by a traffic warden while it was delivering cash to a bank.The official gave the fine after the van driver refused to move outside Barclays, a global financial services provider. A Securicor worker said that they needed
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Former bank CEO heads review of tax rules
OTTAWA (Reuters) - The former chief executive of the Bank of Nova Scotia will head a panel that will recommend improvements to the country’s international taxation system, the government said on Friday. Peter Godsoe, who now sits on the boards of several
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Royal Bank Q4 profit up five per cent to $1.32B; slowest growth in two years
TORONTO - Royal Bank of Canada (TSX:RY) profits decelerated to their slowest growth rate in two years as fourth-quarter gains were reeled in by writedowns linked to the collapse of the U.S. subprime mortgage market. Canada’s biggest bank said Friday that
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FMA vehemently rejects the allegations put forward by Meinl-Bank
With regard to the allegations made today against the Financial Market Authority (FMA) by MeinlBank and its legal representative Dr. Christian Hausmaninger vis–vis media representatives, we would like to state that the authority has worked correctly
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Chavez threatens to nationalize Spanish banks if king does not apologize
CARACAS, Venezuela: President Hugo Chavez threatened to nationalize the Venezuelan subsidiaries of Spanish banks Banco Santander SA and Banco Bilbao Vizcaya Argentaria SA, if Spain’s king does not apologize for telling Chavez to ’shut up.’ ‘Are we going
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Teenager suspected of bank ’spybot’ scam
By Paul Chapman in Wellington A teenager from New Zealand has been questioned by detectives searching for the mastermind of a internet scam that has seen millions of pounds stolen from bank accounts across the world. Detectives in Hamilton, on the
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MI5 warns banks of Chinese hackers
The director-general of MI5 has warned banks and financial services companies that commercially sensitive information is at risk of being compromised by Chinese computer hacking.According to private sector security specialists, Jonathan Evans, who took
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